Victoria
Victoria is located in the south eastern corner of Australia. Melbourne is the capital city of Victoria and it is the second most populous city in Australia with about 5 million of population. Melbourne is a modern city with vibrant, vast choice of restaurant, fashion boutiques, cool bars, luscious parks and village-like inner suburbs. Melbourne is also home to commerce, industry and cultural activity. Victoria is very much about lifestyle and it is no wonder that the city has been ranked as one of most liveable cities in the world. With the strong economic conditions, world-class health and education systems, low crime rate and vibrant multicultural communities, it makes Victoria an ideal place to live, work and raise a family.
Economy
Melbourne has a substantial economy that attracts investments and supports business growth across wide range of industries. Economy in this city offers socio-political stability, AAA economy rating, open and transparent financial systems and strong intellectual property safeguard. Melbourne is also ranked 34th within the top 50 financial cities, second only to Sydney (14th) in Australia as surveyed by the MasterCard World Centers of Commerce Index (2007). Melbourne retains a significant presence being a financial centre for Asia Pacific.
Two of largest banks in Australia, National Australian Bank and ANZ are headquartered in Melbourne and the city is also home to the $40 billion-dollar Federal Government Future Fund. Adding on, tourism plays an important role in Melbourne’s economy, with approximately 7.6 million domestic visitors and 1.88 million international visitors in 2004. In year 2008, Melbourne overtook Sydney as the nation’s leading tourism destination.
With the thriving economy, Melbourne provides many job opportunities for skilled workers. Skilled migrants, who wished to live and work in Melbourne, are able to take advantage of a range of employment opportunities in the city.